BusinessAugust 16, 2026
crimped
KRIMPT
Definition
To restrict, restrain, or negatively affect the growth or development of something, specifically in this case, the company's profits.
Etymology
Derived from the Middle English 'crimpen,' meaning to curl or pinch, originally referring to the act of compressing something into folds. Over time, it evolved to metaphorically describe the act of restricting or hindering progress.
In the news
The article uses the word to explain how ComfortDelGro's profits were reduced or held back by the company's decision to absorb rising fuel costs for its drivers.
Not just blue and yellow taxis: ComfortDelGro boss reshapes fleet to drive profit turnaround
Read the full article ↗The Straits Times